About Town Center

Real Estate Prices and Overview

Median real estate price in the Town Center of Ocean City is $304,896, which is more expensive than 58.4% of the neighborhoods in
Maryland and 75.2% of the neighborhoods in the U.S.

The average rental price in Ocean City Town Center
is currently $550, based on NeighborhoodScout's exclusive analysis.
Rents here are currently lower in price than 96.8% of Maryland
neighborhoods.

Ocean City Town Center is a suburban neighborhood (based on population
density) located in Ocean City, Maryland. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Real estate in the Town Center of Ocean City, MD is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom)
apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate
is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood
are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Ocean City
Town Center. The current real estate vacancy rate here is 85.2%.
This is higher than the rate of vacancies in 99.9% of
all U.S. neighborhoods. A relatively large percentage of housing here is
seasonally occupied (42.9%). This can occur in vacation areas,
and occasionally it is also found in neighborhoods that are primarily filled
with college students, as some apartments could be vacant when school is not in
session. If you live here year round, you may find that a number of buildings in
your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Ocean City,
the Town Center neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.

Notable & Unique: Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Ocean City Town Center neighborhood is on the ocean, a bay, or inlet.
Often such coastal places have amenities and recreational activities on the waterfront
that are attractive to residents and visitors alike.
In addition to being coastal, Ocean City Town Center is a very nautical neighborhood,
meaning that it is somewhat historic, walkable, densely populated and
on the water. This gives the neighborhood a very nautical feel,
with some seaside and shipping feel, which some may really enjoy the sights
and sounds of.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 85.2% of the residential real estate vacant, the Ocean City Town Center neighborhood claims the distinction of having a higher vacancy rate than 99.9% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Furthermore, the real estate in the Ocean City Town Center neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 66.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.1% of American neighborhoods.

Notable & Unique: People

Of note is NeighborhoodScout's research finding that the Ocean City
Town Center neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the Ocean City
Town Center community truly stands out from the rest in this regard.

Notable & Unique: Diversity

Did you know that the Ocean City Town Center neighborhood has more
Italian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 31.6% of
this neighborhood's residents have Italian ancestry.

Ocean City Town Center is also pretty special linguistically. Significantly, 5.6% of its residents five years old and above primarily
speak Italian at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.

Notable & Unique: Occupations

The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Ocean City Town Center neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 13.4% of its workforce, this
neighborhood has a greater concentration of government workers than
95.5% of U.S. neighborhoods.

The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.

The neighbors in the Town Center neighborhood in Ocean City are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 69.7% of the neighborhoods in America.
In addition, 0.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 99.9%
of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.

In the Ocean City Town Center neighborhood, 43.1% of the working population is employed in
executive, management, and professional occupations.
The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 34.4% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(18.7%), and 13.4% in government jobs, whether they are in local, state, or federal positions.

The Neighbors: Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.

In the Town Center neighborhood in Ocean City, MD, residents
most commonly identify their ethnicity or ancestry as Italian (31.6%).
There are also a number of people of English
ancestry (13.2%), and residents who report German roots
(11.4%), and some of the residents are also of Irish
ancestry (10.0%), along with some Polish ancestry residents
(7.2%), among others.

The Neighbors: Languages

The most common language spoken in the Ocean City Town Center
neighborhood is English, spoken by 91.6% of households. Some people also speak Italian (5.6%).

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Ocean City Town Center neighborhood spend
under 15 minutes commuting one-way to work (51.6% of working
residents), one of the shortest commutes across America.

Here most residents (89.0%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (7.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.

Crimes Per Square Mile

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